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The Florida Senate

2004 Florida Statutes

SECTION 89
Annual financial statement and filing fee; notice of change of ownership.
Section 626.89, Florida Statutes 2004

626.89  Annual financial statement and filing fee; notice of change of ownership.--

(1)  Each authorized administrator shall file with the office a full and true statement of its financial condition, transactions, and affairs. The statement shall be filed annually on or before March 1 or within such extension of time therefor as the office for good cause may have granted and shall be for the preceding calendar year. The statement shall be in such form and contain such matters as the commission prescribes and shall be verified by at least two officers of such administrator.

(2)  At the time of filing its annual statement, the administrator shall pay a filing fee in the amount specified in s. 624.501 for the filing of an annual statement by an insurer.

(3)  In addition, the administrator shall immediately notify the office of any material change in its ownership.

History.--s. 4, ch. 83-203; s. 3, ch. 84-94; ss. 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 1000, ch. 2003-261.